TRADING SYMBOL: The Toronto Stock Exchange - AW.UN

    VANCOUVER, April 23 /CNW/ - In conjunction with the release of its First
Quarter 2007 Financial Results, the A&W Revenue Royalties Income Fund (AW.UN)
will host a conference call at 1:00 p.m. Pacific Standard Time, (4:00 p.m.
Eastern Standard Time) on Tuesday, May 1, 2007.
    Paul Hollands, President and Chief Executive Officer and Don Leslie,
Chief Financial Officer of A&W Food Services of Canada Inc. will review first
quarter financial results and corporate developments. The financial results
will be released by newswire on the morning of May 1, 2007.
    To participate in this conference call, please dial the following toll
free number approximately five minutes prior to the commencement of the call:1-800-731-5319 or 416-644-3423Should you be unable to participate, an Instant Replay will be available
until May 15, 2007 by dialing:1-877-289-8525 or 416-640-1917
                passcode 21227514 followed by the number signWe look forward to having you participate in our call.
    The Annual General Meeting of unitholders of A&W Revenue Royalties Income
Fund will be held at the Lonsdale Quay Hotel, 123 Carrie Cates Court, North
Vancouver, British Columbia on Tuesday, May 1, 2007 at 11:00 a.m. (Pacific
Time).
    %SEDAR: 00017286E